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$750 MILLION: Powerball lottery jackpot surges to 4th-largest everReply
Understood, but I agree with Artist here. People generally don't go around quoting technical facts about money and taxes. Everyone knows you have to pay tax, it is totally unnecessary to add that asterisk to everything you say. Plus, there is a perfectly good case for accepting the annuity (the full $750 million), because unlike what pundants typically insist, the annuity is actually a pretty good investment, if you don't want to worry about doing the legwork and management yourself. With a $
Mar 25, 2019, 7:16 pm - Todd - Lottery News

N.J. weighs keeping lottery winners anonymousReply
with you Artist77. Continuous drops of water fill a bucket to overflowing. Change might be scary but it is necessary. I am here in California and have written before about saying, NO to the media availability and NO to the photo celebrity. Others have gone before me and succeeded in this fight. If I lose and am forced to do both events than I will do the five-minute walk of fame. I am considering again the advantages of choosing the Annuity as the prize levels increase to highs that wou
Feb 21, 2019, 8:38 pm - music* - Lottery News

Brooklyn truck driver quits job, comes forward as $298M Powerball winnerReply
Just imagine how much the advertised annuity jackpot would be if they increased the amount of payments from 30 to 35 or 40. Most of us on Lottery Post know the deference between annuity and cash lump sum, but when people who don't usually play see those high numbers, they feel they must buy a ticket. That's when the frenzy begins. It's all part of the lottery's BIG plan.
Jan 26, 2019, 9:44 am - TheMeatman2005 - Lottery News

Brooklyn truck driver quits job, comes forward as $298M Powerball winnerReply
The $298 mil is the annuitized value of the jackpot if he was to take it in annual payments. The lower amount represent the amount of cash that would have been invested on his behalf to generate the annuity payments. Nothing happened to the deference in the amounts since the interest hasn't been earned yet. Difference Between Cash Value and Annuity
Jan 25, 2019, 11:33 pm - TheMeatman2005 - Lottery News

Lotto America Part 2Reply
OKAY,now it's getting just plain ole strange with Lotto America draws !!! I have been playing this game now for about 5 months or so. The month of December has just been odd IMHO. I try to keep track of the draws and the next jackpot Annuity amounts to include the Cash Value amounts and have been doing so since roughly Nov 4th. So here it is December 24th and in reviewing my entries since the start of December, I have noticed a strange pattern on the lottery increases. Please follow alo
Dec 24, 2018, 9:31 am - CDanaT - Jackpot Games Forum

Powerball or Mega MillionsReply
MM jackpot currently at $226 Million Annuity/ $132.1 Million CASH/ AFTTH $83,223,000. PB jackpot currently at $217 Million Annuity/ $125.5 Million CASH/ AFTTH $79,065,000. AFTTH * After Federal Tax Take Home based on 37% Reasonable dollar amounts to be won taken home
Dec 6, 2018, 9:18 am - CDanaT - Jackpot Games Forum

South Carolina's billion dollar mega millions ticketReply
Texas was added January 2018, however, Annuity Winners are anonymous for 30 days: Limitations: Winners must specify their choice on the appropriate TLC claim form when they claim their prize. If a winner chooses to receive periodic installment payments (annuity), the prohibition on releasing the winner's name lasts only until the 30th day after the person claims the lottery prize. Names of legal entity prize winners and authorized representatives (who are not beneficial owners) may be r
Nov 25, 2018, 11:45 am - Raven62 - Jackpot Games Forum

Powerball joins lottery frenzy with $620 million jackpotReply
That leads to some interesting jackpot size comparisons Mega Millions: $347.6 million cash, Dec. 17, 2013 ($636 million annuity) - California, Georgia Powerball: $336.8 million cash, Jul. 30, 2016 ($487 million annuity) - New Hampshire
Oct 21, 2018, 10:46 am - Kingofearth - Lottery News

Total of Powerball & Mega MillionsReply
The total of both MM PB is now, $1.213 billion dollars Annuity. Cash Lump Sum = $693.5 million. Before taxes. Is it time to consider taking the Annuity? Spread over 30 years? Especially if you are young.
Oct 17, 2018, 4:04 am - music* - Jackpot Games Forum

$868 MILLION: Mega lottery jackpot set for FridayReply
According to the above Preliminary Estimates Mavis Wanscyk from Chicopee, Massachusetts will soon be displaced from the number two spots. She has held that spot for just over a year and managed to stay out of the news. No news is good news. Who here is willing to become a possible #1 ranked winner? In both Annuity and Cash Lump Sum? We have Wednesday, Thursday, and Friday for ticket sales to propel the annuity and cash lump sum to new record heights! Imagine if one sole winner happe
Oct 17, 2018, 3:26 am - music* - Lottery News